Current news:
– European data: The EUR inflation flash reading and related core inflation numbers (high‐ and medium‐impact) are on the radar. Although the forecast for the headline rate was 2.1% (down from 2.3%), the eventual outcome remains unknown, leaving the market sensitive.
– U.S. indicators: Medium–to–high impact US manufacturing data (ISM PMI and job...
Based on recent price action and indicators (with RSI and MACD hinting at possible weakness on the higher time frame), a short setup carries roughly a 60% probability of success over the next trading session. Conversely, a long move has an estimated 40% chance if prices find support and reverse from the current vicinity.
A target near 219–219.5 might be reasonable.
Within 5h or less expected to reach 1.0771.
This analysis considers both recent economic releases—including the slight upward surprise in the US GDP growing at 2.4% (vs. a 2.3% forecast)—and the technical picture drawn from recent M15/M1 price action.
